Good question. Both are deserving of the ranking. However, in the absence of a head-to-head result, I have to go by the overall resume (one match away from placing in state) and the overall quality of the competition that particular wrestler, not necessarily his team, wrestled. Holmes has two losses in a tournament at 140 and reversed one of those the next week. In looking at the aggregate of the quality wins for each I judge those Holmes has to be slightly higher.
A wrestler's overall won-loss record is never the deciding factor in one of my rankings. Performance against acknowledged strong competition, in the greatest quantity, is what is. You can have losses if you also have quality wins. And there are others at 135, like Ernst and Messenger, who don't have great records but can't be written off because they've wrestled tough schedules. The same is true at every weight class.