It does. The Bulky cycle fills to around 3/4 of the tub. HOWEVER, it doesn't do a very good job with anything that isn't a large comforter or quilt. Because of the almost 3.5 rotations it does each direction during the agitation, with no smaller strokes at the end to even the load out, it usually thrashes and balls everything up so that its flopped to one side, which makes for a very violent and potentially dangerous spin when it's trying to determine the balance. Plus, there's so much water that I feel the detergent gets too diluted, as well as just being wasteful. The amount of water used to fill this tub once is enough to fill a 3.6 cu.ft Direct Drive or VMW washer twice.
I will try to run a full load of clothes using the Bulky cycle, but I'll have to reconstruct my camera "stand" and find the time to hover nearby in case I need to intervene before the spins.
It's funny, at first I thought I would be disappointed with the Bulky cycle working that way, and not having a Deep Water option, but because of how well it performs just on the Normal cycle itself, I wouldn't want to use any more water. So far I use the PowerWash or Heavy Duty cycles for towels because the hot water isn't tempered down, the Whites cycle for whites of course, and Normal for everything else since I wouldn't use warm water for colors and darks anyway.