Abstract: A floatable fly casting weight and leader storage device is provided having a substantially cylindrical body and opposing end faces. Eyelets extend axially from both end faces to allow wrapping of a leader longitudinally around the device. The front end face is beveled to reduce ripples when moving relative through the water and to facilitate the wrapping of the leader thereon. The rear face includes a planar surface normal to an axis of the device to increase the hook setting ability of the device and a planar surface oblique to the end face to facilitate the wrapping of the leader thereon.