SPIbelt is a small personal items belt. If you’re looking for something similar to a fannypack without being so big and noticable….the SPIbelt works great! From the website:

Sleek, expandable, secure and does not bounce. Can hold an iPod™, Blackberry™, cell, keys, up to five GU™ packs, and other small personal items. The SPIbelt does not bounce, ride or shift while running or doing other activities.

$19.99 at Overton Fitness