An aquatic toy that is capable of maintaining a desired form and position in water, which includes a fabric portion, at least one hollow opening formed in the fabric portion, a frame pocket formed substantially around a perimeter of the hollow opening, and a frame member, wherein the frame member is at least partially contained within the frame pocket, and wherein the frame member provides at least partial form to a perimeter of the hollow opening. The aquatic toy may also include at least one buoyancy element and at least one weight element.