Yes you would. I understand what you are trying to do. But your circuit conductors are not 700 MCM, they are (in one sense) 7700 MCM. That is, you need to consider all 11 parallel runs as though they were a single conductor.
That may not be the only bad news you have to deal with, however. You would have to use an 800 in each of the 11 conduits. See 250.122(F).
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