A bicycle component positioning device is basically provided with a stationary support member, a positioning element, a position maintaining member, a winding element, a release member and a winding element control member. The winding element moves between a winding position and a disengaging position. The release member moves the position maintaining member between a holding position and a position releasing position in response to pivotal movement of the release member between a neutral position and a position releasing position. The winding element control member moves between a rest position and a control position that holds the winding element in the disengaging position in response to pivotal movement of the release member between the neutral position and the position releasing position. The winding element control member is guided by the stationary support member during movement of the winding element control member between the rest position and the control position.