No, you do not need to report the separate holdings, or unrealized gains and losses for that amount. You don't need to file form 8621 unless you are a shareholder of a Passive Foreign Investment Company. Please view this link for more details.
You won't have a FATCA reporting requirement unless the total value of your specified foreign financial assets is more than $100,000 on the last day of the tax year or more than $150,000 at any time during the tax year. See the Fatca reporting instructions.
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