To provide a parts conveying apparatus consuming little energy, moving heads at high speeds, and allowing picking action and placing action to take sufficient time.

This apparatus includes a plurality of heads 6-9 which are freely movable on closed tracks in order to perform the action of picking up parts P and the action of placing them, magnets and coils 14a-14d for stopping the head 6 at a picking position and a placing position, and magnets 16a-16d for transmitting the kinetic energy of the moving head to another head stopping at the picking position or placing position so as to cause repulsion. At least one of the heads is given an initial velocity in an advancing direction so as to transmit its kinetic energy to the next head to stop the moving head at the position of the leading head. Thus, the kinetic energy of the moving head is transmitted to the stopped head and a repulsive force is utilized to efficiently move and stop the heads.