A hydrostatic positive displacement machine (1) with a variable displacement volume includes a cradle (3) pivoted by a hydraulic positioning device (7) having a positioning piston device (8). A position-controlled control valve (10) generates a control pressure and includes axially displaceable and locked setting valve means (20) and the rotatable feedback valve means (21). Control cross sections are exposed by an axial displacement of the setting valve means (20) relative to the feedback valve means (21) and are closed by rotational movement of the feedback valve means (21) relative to the setting valve means (20).