diff --git a/packages/cli/src/lib/packager/index.ts b/packages/cli/src/lib/packager/index.ts
index d3ba1f6b12..f4a2181b40 100644
--- a/packages/cli/src/lib/packager/index.ts
+++ b/packages/cli/src/lib/packager/index.ts
@@ -134,11 +134,15 @@ async function findTargetPackages(pkgNames: string[]): Promise<LernaPackage[]> {
       throw new Error(`Package '${name}' not found`);
     }
 
-    const pkgDeps = Object.keys(node.pkg.dependencies);
-    const localDeps: string[] = Array.from(node.localDependencies.keys());
-    const filteredDeps = localDeps.filter(dep => pkgDeps.includes(dep));
+    // Don't include dependencies of packages that are marked as bundled
+    if (!node.pkg.get('bundled')) {
+      const pkgDeps = Object.keys(node.pkg.dependencies);
+      const localDeps: string[] = Array.from(node.localDependencies.keys());
+      const filteredDeps = localDeps.filter(dep => pkgDeps.includes(dep));
+
+      searchNames.push(...filteredDeps);
+    }
 
-    searchNames.push(...filteredDeps);
     targets.set(name, node.pkg);
   }