This psychoanalytic study of Performance (directed by Donald Cammell and Nicolas Roeg, 1970) explores the importance of the bodily, sensorial, and material aspects of a pivotal moment in the development of the protagonist’s sexual identity and considers how this moment has been conceived as being dependent on a certain containing function that is performed by a female character. Drawing on Bionian and post-Bionian theory, the article proposes that this containing function is fundamentally feminine. The feminine function of Bion’s concept of container is one that has been discussed especially in the theorization of the roles performed by the mother and the analyst. This article aims to investigate the importance of the bodily and the feminine aspects of the container as part of a psychoanalytic conceptualization of psychical growth as they present themselves in this film.