We test the hypothesis that conochilid rotifers represent an independent family‐level taxon within Superorder Gnesiotrocha, by analysing their phylogenetic position based on the 18S rDNA sequence of a large number of representatives of this taxon and its putative relatives. Both Bayesian and maximum likelihood analysis confirm a monophyletic clade of all gnesiotrochans with strong branch supports. Within Gnesiotrocha, Conochilidae form a strongly supported clade with representatives of all but some genera of Flosculariidae. These results refute Conochilidae as separate family‐level taxon within Gnesiotrocha. This finding is also supported by a phylogenetic analysis using morphology, in particular new observations on trophi morphology. Conochilid rotifers are likely specialized Flosculariidae, which evolved to a planktonic lifestyle and reduction of coloniality within the group, in contrast to other Flosculariidae. Furthermore, our analysis reveals that two genera of Flosculariidae, Beachampia and Limnias, form a single, strongly supported clade in a sister‐group relation to a clade consisting of representatives of Order Collothecacea. The present results, both regarding position of the conochild rotifers and of two genera of Flosculariidae, highlight the need for a more extensive analysis of relationships within Gnesiotrocha.