Abstract: A decoy assembly having a winding mechanism and an anchor. The assembly comprises a decoy element having forward, rear, upper, and lower portions. A recess is formed within the lower portion. A keel element has a forward, rearward, upper and lower portions. An opening is formed between the lower and upper portions of the keel element. A nonrotatable axle is positioned across the opening intermediate the forward and rearward portions of the keel. The upper portion of the keel element is operatively coupled with the lower portion element with the opening and recess in alignment. A spool assembly has an inner radial portion fixed against rotation with respect to the nonrotatable axle. An outer radial portion is rotatable with respect to the inner radial portion. A spring has a fixed end secured to the inner radial portion of the spool assembly, and a movable end secured to the outer radial portion of the spool.