The present invention is a holding device for a rope, cable, wire and the like hereafter referred to as rope and more particularly a sliding cam rope cleat comprised of a holding device, a slideable cam member controlled by a sliding handle and two passageways therethrough for the rope member. While the sliding handle is engaged in the open position, the cam member will not be resident in the first passageway and a rope member may be freely inserted and drawn. However once the sliding handle is engaged in the clamping position, the cam member will partially obstruct the first passageway and the tapered serrated bottom of the cam member will engagingly grip and secure the inserted rope member. Subsequently, the holding device provides for a quick release of the secured rope member by returning the sliding member to its first open position thereby disengaging the tapered serrated cam member for the inserted rope member. In addition, the holding device offers a second passageway which serves as a storage receptacle for any slack in the rope member.