Yep. We've been doing it for decades, and while most of the time I use one of my point forming swage dies, there are other solutions from having seating stems custom made, a modified bullet sizing die to using the simple device below:
The Universal Hollow pointer drills cavities in the noses of cast or jacketed softnose bullets. After the drill is locked into the cutter shaft, a loaded cartridge is placed in the collet of the trimmer. A bushing centers the drill's tip against the nose of the bullet as the cartridge is locked in place. Hollow point depth is controlled by setting the stop collar of your trimmer. The Hollow pointer is available in either 1/8" (handgun) or 1/16" (rifle) drill sizes. Either a short or long Case Trimmer base might be necessary for very short or very long rounds, and the Hollow pointer can be used with our Case Trimmer Power Adapter. By creating your own hollow pointed rounds you'll enjoy significant economies and controllable performance because you can alter the hollow point size and depth to fit your own requirements.
Forster Hollow Pointer Tool
his do-it-yourself hollow pointer is the only tool of its kind on the market. It gives precision shooters the capability of fine tuning bullet weight.
eabco.com
The Universal Hollow pointer drills cavities in the noses of cast or jacketed softnose bullets. After the drill is locked into the cutter shaft, a loaded cartridge is placed in the collet of the trimmer. A bushing centers the drill's tip against the nose of the bullet as the cartridge is locked in place. Hollow point depth is controlled by setting the stop collar of your trimmer. The Hollow pointer is available in either 1/8" (handgun) or 1/16" (rifle) drill sizes. Either a short or long Case Trimmer base might be necessary for very short or very long rounds, and the Hollow pointer can be used with our Case Trimmer Power Adapter. By creating your own hollow pointed rounds you'll enjoy significant economies and controllable performance because you can alter the hollow point size and depth to fit your own requirements.