UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 13F Form 13F COVER PAGE Report for the Calendar Year or Quarter Ended: March 31, 2003 Check here if Amendment [ ] ; Amendment Number: This Amendment (Check only one.):[ ] is a restatement. [ ] adds new holdings entries. Institutional Investment Manager Filing this Report: Name: A.G. Edwards, Inc. Address: One North Jefferson St. Louis, MO 63103 Form 13F File Number: 28-4192 The institutional investment manager filing this report and the person by who it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form. Person Signing this Report on Behalf of Reporting Manager: Name: Joseph G. Porter Assistant Treasurer 314-955-3462 Signature, Place, and Date of Signing: /s/ Joseph G. Porter St. Louis, MO 05/14/03 [Signature] [City, State] [Date] Report Type (Check only one.): [ X ] 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager are reported in this report.) [ ] 13F NOTICE. (Check here if no holdings reported are in this report, and all holdings are reported by other reporting manager(s).) [ ] 13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).) List of Other Managers Reporting for this Manager: [If there are no entries in this list, omit this section.] Form 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 2 Form 13F Information Table Entry Total: 479 Form 13F Information Table Value Total: $1,450,304 (thousands) List of Other Included Managers: Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report. [If there are no entries in this list, state "NONE" and omit the column headings and list entries.] No. Form 13F File Number Name 1 28-3548 A.G. Edwards & Sons, Inc. 2 28-6731 A.G. Edwards Trust Company FSB VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY----- NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (x$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE D ABN AMRO HOLDING N V COM 000937102 515 35160 DEFINED 01 02 0 0 35160 D AFLAC INC COM 001055102 1882 58725 DEFINED 01 02 21305 0 37420 D AES CORP COM 00130H105 38 10515 DEFINED 01 0 0 10515 D AMB PROPERTY CORP COM 00163T109 7616 269607 DEFINED 01 02 268273 0 1335 D AMR CORP COM 001765106 96 45722 DEFINED 02 590 0 45132 D AOL TIME WARNER INC (HLDG CO) COM 00184A105 773 71158 DEFINED 01 02 16180 0 54978 D ABBOTT LABORATORIES COM 002824100 5775 153540 DEFINED 01 02 133764 0 19776 D ABERDEEN ASIA-PACIFIC INCOME COM 003009107 125 25451 DEFINED 01 1 0 25450 D ADAPTEC INC COM 00651F108 63 10500 DEFINED 01 0 0 10500 D ADOBE SYSTEMS INC COM 00724F101 466 15127 DEFINED 01 02 14845 0 282 D AEGON N V ORD COM 007924103 139 18411 DEFINED 01 0 0 18411 D * ADVENT SOFTWARE INC COM 007974108 1298 106643 DEFINED 01 106643 0 0 D AETHER SYSTEMS COM 00808V105 38 12000 DEFINED 01 0 0 12000 D AFFILIATED COMPUTER SVCS INC COM 008190100 573 12935 DEFINED 01 0 0 12935 D AFFILIATED MANAGERS GROUP INC COM 008252108 1593 38315 DEFINED 02 38315 0 0 D ALCOA INC COM 013817101 14107 727940 DEFINED 01 02 704069 0 23871 D ALLIED CAPITAL CORP NEW COM 01903Q108 267 13380 DEFINED 01 02 5001 0 8379 D ALLIED IRISH BANKS PLC COM 019228402 484 17600 DEFINED 01 02 0 0 17600 D ALLSTATE CORP COM 020002101 742 22361 DEFINED 01 02 13180 0 9181 D ALLTEL CORP COM 020039103 353 7897 DEFINED 01 02 1655 0 6242 D ALTRIA GROUP INC COM 02209S103 2018 67362 DEFINED 01 02 26001 0 41361 D AMBASSADORS GROUP INC COM 023177108 1782 147435 DEFINED 01 147435 0 0 D AMEREN CORP COM 023608102 902 23108 DEFINED 01 02 16359 0 6749 D AMER FIRST TAX EXEMPT INVS LP COM 02364V107 70 10000 DEFINED 01 0 0 10000 D * AMERICAN CAP STRATEGIES LTD COM 024937104 1231 54941 DEFINED 01 02 5001 0 49940 D AMERICAN EXPRESS CO COM 025816109 18414 554147 DEFINED 01 02 525217 0 28930 D AMERICAN INTL GROUP INC COM 026874107 18248 369011 DEFINED 01 02 305453 0 63558 D AMERICAN POWER CONVERSION CORP COM 029066107 395 27717 DEFINED 01 02 26517 0 1200 D AMERICAN TOWER CORP COM 029912201 139 25250 DEFINED 02 0 0 25250 D AMERISOURCEBERGEN CORP COM 03073E105 353 6721 DEFINED 01 02 21 0 6700 D * AMGEN COM 031162100 3180 55255 DEFINED 01 02 2617 0 52638 D ANADARKO PETROLEUM CORP COM 032511107 294 6467 DEFINED 01 02 5067 0 1400 D ANALOG DEVICES INC COM 032654105 663 24102 DEFINED 01 02 80 0 24022 D ANHEUSER-BUSCH COS INC COM 035229103 9147 196254 DEFINED 01 02 160512 0 35742 D ANNALY MORTGAGE MANAGEMENT INC COM 035710409 2476 141719 DEFINED 01 02 141719 0 0 D APACHE CORP COM 037411105 809 13105 DEFINED 01 02 645 0 12460 D APOLLO GROUP INC COM 037604105 721 14444 DEFINED 01 02 337 0 14107 D * APPLE COMPUTER INC COM 037833100 658 46536 DEFINED 01 02 57 0 46479 D * APPLIED MATERIALS COM 038222105 687 54624 DEFINED 01 02 10924 0 43700 D ARCHER-DANIELS-MIDLAND CO. 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COM 484169107 342 9300 DEFINED 01 1 0 9299 D KELLOGG CO COM 487836108 306 9974 DEFINED 01 02 7974 0 2000 D KERR-MCGEE CORP (HOLDING CO) COM 492386107 2303 56701 DEFINED 01 02 56701 0 0 D KEYCORP NEW COM 493267108 377 16693 DEFINED 01 02 16383 0 310 D KIMBERLY CLARK CORP COM 494368103 965 21230 DEFINED 01 02 13727 0 7503 D KIMCO REALTY CORP COM 49446R109 7920 225501 DEFINED 01 02 224586 0 914 D KINDER MORGAN ENRGY PARTNRS LP COM 494550106 686 18534 DEFINED 01 02 834 0 17700 D KRAFT FOODS INC COM 50075N104 610 21620 DEFINED 01 02 1002 0 20618 D KROGER COMPANY COM 501044101 300 22830 DEFINED 01 02 0 0 22830 D LNR PROPERTY CORP COM 501940100 2152 63845 DEFINED 01 62745 0 1100 D LEGGETT AND PLATT COM 524660107 1049 57370 DEFINED 01 02 27695 0 29675 D LEXINGTON CORP PPTYS TRUST SBI COM 529043101 360 21112 DEFINED 01 02 1137 0 19975 D LIBERTY MEDIA CORP NEW COM 530718105 20607 2117852 DEFINED 01 02 2075408 0 42444 D LIBERTY PROPERTY TRUST COM 531172104 514 16411 DEFINED 01 02 1 0 16410 D LIFELINE SYSTEMS INC COM 532192101 1678 82154 DEFINED 01 82154 0 0 D ELI LILLY AND CO COM 532457108 1467 25665 DEFINED 01 02 7121 0 18544 D LIMITED BRANDS INC COM 532716107 302 23502 DEFINED 01 02 1 0 23501 D LINCARE HOLDINGS INC COM 532791100 843 27468 DEFINED 01 0 0 27468 D LINCOLN NATL CONV SECS FD INC COM 534183108 192 15001 DEFINED 01 1 0 15000 D LOCKHEED MARTIN CORP COM 539830109 691 14535 DEFINED 01 02 1254 0 13281 D LOWE'S COMPANIES INC COM 548661107 3147 77089 DEFINED 01 02 18359 0 58730 D LUCENT TECHNOLOGIES INC COM 549463107 57 38717 DEFINED 01 02 12946 0 25771 D MBNA CORP COM 55262L100 881 58563 DEFINED 01 02 4613 0 53950 D MFS INTERMEDIATE INCOME TR SBI COM 55273C107 73 10000 DEFINED 01 0 0 10000 D MANAGED MUNIS PORTFOLIO INC COM 561662107 748 70795 DEFINED 01 70795 0 0 D MANAGED HIGH INCOME PORTFOLIO COM 56166C105 1849 265590 DEFINED 01 265590 0 0 D MARKEL CORP (HOLDING COMPANY) COM 570535104 2435 10886 DEFINED 01 10886 0 0 D MARSH & MCLENNAN CO COM 571748102 1145 26868 DEFINED 01 02 2068 0 24800 D MARRIOTT INTL INC NEW COM 571903202 464 14592 DEFINED 01 02 4700 0 9892 D MARTHA STEWART LIVING COM 573083102 392 47765 DEFINED 01 39765 0 8000 D MASCO CORPORATION COM 574599106 226 12159 DEFINED 01 02 12159 0 0 D MASSEY ENERGY COMPANY COM 576206106 212 22599 DEFINED 01 02 571 0 22028 D MATTEL INC COM 577081102 720 32023 DEFINED 01 02 131 0 31892 D MAXIM INTEGRATED PRODUCTS INC COM 57772K101 675 18680 DEFINED 01 02 0 0 18680 D MAY DEPARTMENT STORES CO COM 577778103 495 24901 DEFINED 01 02 24232 0 670 D MCDONALD'S CORP COM 580135101 982 67908 DEFINED 01 02 45427 0 22482 D MCKESSON CORP COM 58155Q103 492 19727 DEFINED 01 02 317 0 19410 D MEDIACOM COMMUNICATIONS CORP COM 58446K105 88 10000 DEFINED 01 0 0 10000 D * MEDIMMUNE INC COM 584699102 228 6939 DEFINED 01 02 19 0 6920 D MEDTRONIC INC COM 585055106 10665 236364 DEFINED 01 02 169023 0 67341 D MELLON FINANCIAL CORP COM 58551A108 556 26170 DEFINED 01 02 701 0 25469 D MERCK & COMPANY INC COM 589331107 28795 525649 DEFINED 01 02 451048 0 74601 D MERCURY COMPUTER SYS INC COM 589378108 279 10260 DEFINED 02 10260 0 0 D MERRILL LYNCH & CO COM 590188108 1087 30715 DEFINED 01 02 2845 0 27870 D * MICROSOFT CORP COM 594918104 19874 820883 DEFINED 01 02 605163 0 215720 D MILLIPORE CORP COM 601073109 226 6900 DEFINED 01 02 0 0 6900 D MIRANT CORP COM 604675108 29 17949 DEFINED 01 02 2777 0 15172 D MOHAWK INDUSTRIES INC COM 608190104 498 10395 DEFINED 02 10395 0 0 D MORGAN STANLEY NEW COM 617446448 314 8198 DEFINED 01 02 4137 0 4061 D MOTOROLA INC COM 620076109 669 80961 DEFINED 01 02 11229 0 69732 D MYLAN LABORATORIES COM 628530107 512 17804 DEFINED 01 02 4353 0 13451 D NANOPHASE TECHNOLOGIES CORP COM 630079101 35 10310 DEFINED 02 10310 0 0 D NATIONAL CITY CORP COM 635405103 1300 46682 DEFINED 01 02 2577 0 44106 D NATIONAL COMMERCE FINL CORP COM 63545P104 11621 490338 DEFINED 01 02 481888 0 8450 D NATUZZI S P A ADR COM 63905A101 3957 490382 DEFINED 02 490382 0 0 D NETWORKS ASSOCS INC COM 640938106 164 11850 DEFINED 01 02 0 0 11850 D NEW YORK TIMES CL A COM 650111107 296 6862 DEFINED 01 02 251 0 6611 D NEWELL RUBBERMAID INC COM 651229106 464 16361 DEFINED 01 02 5556 0 10805 D * NEXTEL COMMUNICATIONS INC COM 65332V103 345 25771 DEFINED 01 02 745 0 25026 D NIKE INC. CLASS B COM 654106103 400 7771 DEFINED 01 02 171 0 7600 D NOKIA CORP COM 654902204 1388 99059 DEFINED 01 02 8944 0 90115 D NORFOLK SOUTHERN CORP COM 655844108 585 31511 DEFINED 01 02 31311 0 200 D NORTEL NETWORKS CORP NEW COM 656568102 22 10477 DEFINED 01 0 0 10477 D NORTH FORK BANCORPORATION (NY) COM 659424105 2038 69212 DEFINED 01 02 68852 0 360 D NORTHERN BORDER PARTNERS L P COM 664785102 1432 37459 DEFINED 01 02 501 0 36958 D * NORTHERN TRUST CORP COM 665859104 548 18012 DEFINED 01 02 3512 0 14500 D NOVARTIS AG COM 66987V109 590 15920 DEFINED 01 02 0 0 15920 D * NOVELLUS SYSTEMS INC COM 670008101 720 26394 DEFINED 01 02 19894 0 6500 D NUVEEN CALIF MUNI VALUE FUND COM 67062C107 130 13090 DEFINED 01 1038 0 12052 D NUVEEN CALIF PERFORMANCE PLUS- COM 67062Q106 206 13985 DEFINED 01 1064 0 12920 D NUVEEN DIVIDEND ADVANTAGE COM 67066V101 800 54012 DEFINED 01 53246 0 766 D NUVEEN QUALITY PFD INCOME FUND COM 67071S101 253 16891 DEFINED 01 6891 0 10000 D O CHARLEYS INC COM 670823103 514 26810 DEFINED 01 0 0 26810 D NUVEEN MUNICIPAL VALUE FD INC COM 670928100 1652 179750 DEFINED 01 169500 0 10250 D OCCIDENTAL PETROLEUM CORP COM 674599105 401 13387 DEFINED 01 02 2187 0 11200 D OFFICE DEPOT INC COM 676220106 124 10500 DEFINED 02 0 0 10500 D OMNICOM GROUP INC COM 681919106 562 10371 DEFINED 01 02 41 0 10330 D * ORACLE CORP COM 68389X105 2878 265296 DEFINED 01 02 8656 0 256640 D OUTBACK STEAKHOUSE INC COM 689899102 205 5800 DEFINED 01 02 0 0 5800 D OWENS-ILLINOIS INC NEW COM 690768403 108 12000 DEFINED 01 0 0 12000 D PMC CAPITAL INC COM 693430100 361 78211 DEFINED 01 78211 0 0 D PMC COMMERCIAL TRUST SBI COM 693434102 466 35295 DEFINED 01 35295 0 0 D PMI GROUP INC COM 69344M101 483 18896 DEFINED 01 02 176 0 18720 D PARKER-HANNIFIN CORPORATION COM 701094104 225 5800 DEFINED 01 02 0 0 5800 D * PAYCHEX INC COM 704326107 276 10031 DEFINED 01 02 1 0 10030 D PEOPLES BANK COM 710198102 234 9250 DEFINED 01 0 0 9250 D * PEOPLESOFT INC COM 712713106 444 29026 DEFINED 01 02 402 0 28624 D PEPSICO INC COM 713448108 24465 611635 DEFINED 01 02 539916 0 71718 D PFIZER INC COM 717081103 28791 923965 DEFINED 01 02 620014 0 303951 D PHARMACIA CORP COM 71713U102 2411 55684 DEFINED 01 02 38799 0 16885 D PHOTOGEN TECHNOLOGIES INC # COM 71932A309 97 43000 DEFINED 01 0 0 43000 D PLAINS RESOURCES INC # COM 726540503 1632 152910 DEFINED 01 152910 0 0 D PLANTRONICS INC NEW COM 727493108 1747 119609 DEFINED 01 02 119509 0 100 D PLUM CREEK TIMBER CO INC COM 729251108 6037 279604 DEFINED 01 02 277317 0 2287 D POTASH CP OF SASKATCHEWAN COM 73755L107 280 4534 DEFINED 02 0 0 4534 D PRAXAIR INC COM 74005P104 374 6631 DEFINED 01 02 131 0 6500 D PROCTER & GAMBLE CO COM 742718109 14245 159967 DEFINED 01 02 129253 0 30714 D PROGRESS ENERGY INC COM 743263105 369 9420 DEFINED 01 02 6052 0 3368 D PROVIDIAN FINANCIAL CORP COM 74406A102 177 27000 DEFINED 01 0 0 27000 D PUBLIC STORAGE INC COM 74460D109 1631 53828 DEFINED 01 02 50460 0 3368 D PULITZER INC COM 745769109 991 22757 DEFINED 01 02 19091 0 3666 D PULTE HOMES INC COM 745867101 641 12786 DEFINED 01 6 0 12780 D PUTNAM MASTER INCOME TRUST SBI COM 74683K104 75 11699 DEFINED 01 1098 0 10601 D PUTNAM MASTER INTERMEDIATE - COM 746909100 65 10249 DEFINED 01 1649 0 8600 D QUAKER FABRIC CORP COM 747399103 550 100000 DEFINED 01 0 0 100000 D * QUALCOMM INC COM 747525103 1313 36461 DEFINED 01 02 153 0 36308 D QUESTAR CORP COM 748356102 438 14812 DEFINED 01 1 0 14811 D QWEST COMMUNICATIONS COM 749121109 54 15508 DEFINED 01 02 1535 0 13972 D RF MICRO DEVICES INC COM 749941100 74 12300 DEFINED 01 02 0 0 12300 D RAINBOW TECHNOLOGIES COM 750862104 177 18800 DEFINED 01 0 0 18800 D RALCORP HOLDINGS INC NEW COM 751028101 740 28419 DEFINED 02 539 0 27880 D RAYONIER INC COM 754907103 4218 95739 DEFINED 01 02 95639 0 100 D REALTY INCOME CORP COM 756109104 227 6343 DEFINED 01 02 715 0 5628 D RESMED INC COM 761152107 595 18615 DEFINED 01 0 0 18615 D ROCKWELL AUTOMATION INC COM 773903109 474 22891 DEFINED 01 02 15056 0 7835 D ROCKWELL COLLINS INC COM 774341101 262 14285 DEFINED 01 02 14285 0 0 D ROYAL BANK OF CANADA COM 780087102 926 23938 DEFINED 01 02 10001 0 13937 D ROYAL DUTCH PETROLEUM CO # COM 780257804 4491 110214 DEFINED 01 02 60820 0 49394 D RUSS BERRIE & CO INC COM 782233100 1536 47988 DEFINED 01 47988 0 0 D SBC COMMUNICATIONS INC COM 78387G103 3826 190750 DEFINED 01 02 130163 0 60587 D SLM CORP COM 78442P106 1086 9791 DEFINED 01 02 245 0 9546 D ST JOE COMPANY COM 790148100 1659 61000 DEFINED 01 0 0 61000 D ST JUDE MEDICAL INC COM 790849103 312 6400 DEFINED 01 02 400 0 6000 D SAN PAOLO-IMI S.P.A. COM 799175104 328 24000 DEFINED 01 02 0 0 24000 D SARA LEE CORP COM 803111103 1092 58422 DEFINED 01 02 24853 0 33570 D SCANA CORP NEW COM 80589M102 373 12480 DEFINED 01 02 2430 0 10050 D SCHERING-PLOUGH CORP COM 806605101 1871 104922 DEFINED 01 02 57959 0 46963 D SCHLUMBERGER LTD COM 806857108 711 18706 DEFINED 01 02 3789 0 14917 D A. SCHULMAN INC COM 808194104 2075 142788 DEFINED 01 142788 0 0 D SCOTTS COMPANY COM 810186106 2356 45476 DEFINED 02 45476 0 0 D E W SCRIPPS CO NEW CL A COM 811054204 7214 95251 DEFINED 01 02 91716 0 3535 D SEA CONTAINERS LTD CL A COM 811371707 104 15111 DEFINED 01 02 111 0 15000 D SEALED AIR CORP NEW COM 81211K100 250 6220 DEFINED 01 0 0 6220 D SELECT SECTOR SPDR TRUST COM 81369Y100 6131 333548 DEFINED 01 333548 0 0 D SELECT SECTOR SPDR TRUST COM 81369Y407 4181 183944 DEFINED 01 183944 0 0 D SECTOR SPDR TRUST (ENERGY) COM 81369Y506 8779 393345 DEFINED 01 393345 0 0 D SECTOR SPDR TRUST (FINANCIAL) COM 81369Y605 11639 560653 DEFINED 01 560453 0 200 D SECTOR SPDR TRUST (INDUSTRIAL) COM 81369Y704 7125 368960 DEFINED 01 368960 0 0 D SECTOR SPDR TRUST (TECHNOLOGY) COM 81369Y803 9891 691695 DEFINED 01 691695 0 0 D SENIOR HIGH INCOME PORTFOLIO COM 81721E107 268 48403 DEFINED 01 48403 0 0 D SERVICE CORP INTL COM 817565104 152 54731 DEFINED 01 02 54731 0 0 D SIEMENS AKTIENGESELLSCRAFT COM 826197501 297 7210 DEFINED 01 02 0 0 7210 D * SIGMA ALDRICH CORP COM 826552101 10356 232778 DEFINED 01 02 220773 0 12005 D SIMULA INC COM 829206101 24 10550 DEFINED 01 0 0 10550 D SMITH & WOLLENSKY RESTAURANT COM 831758107 1553 388270 DEFINED 01 388270 0 0 D J.M. SMUCKER CO NEW COM 832696405 4672 133606 DEFINED 01 02 133174 0 432 D SNAP-ON INC COM 833034101 5527 223237 DEFINED 02 223237 0 0 D SOUTHERN COMPANY COM 842587107 903 31764 DEFINED 01 02 19684 0 12079 D SPRINT CORP (FON GROUP) COM 852061100 276 23482 DEFINED 01 02 4802 0 18680 D * STAPLES INC COM 855030102 400 21807 DEFINED 01 02 100 0 21707 D STAR GAS PARTNERS L.P. COM 85512C105 216 11200 DEFINED 01 02 2900 0 8300 D STARWOOD HOTELS & RESORTS COM 85590A203 407 17102 DEFINED 01 02 0 0 17102 D STATE STREET CORP COM 857477103 1439 45479 DEFINED 01 02 8079 0 37400 D STEWART ENTERPRISES INC COM 860370105 131 48373 DEFINED 01 1 0 48373 D STREETTRACKS SERIES TRUST COM 86330E604 12164 104295 DEFINED 01 104295 0 0 D STRYKER CORP COM 863667101 415 6051 DEFINED 01 02 2401 0 3650 D SUN COMMUNITIES INC COM 866674104 9327 260544 DEFINED 01 02 251989 0 8555 D * SUN MICROSYSTEMS INC COM 866810104 616 188922 DEFINED 01 02 13364 0 175558 D SUNGARD DATA SYSTEMS INC COM 867363103 215 10110 DEFINED 02 110 0 10000 D SUNTRUST BANKS INC COM 867914103 621 11798 DEFINED 01 02 2165 0 9633 D SURMODICS INC COM 868873100 311 10060 DEFINED 01 02 3760 0 6300 D SYSCO CORPORATION COM 871829107 5047 198382 DEFINED 01 02 19913 0 178469 D TCF FINANCIAL CORP COM 872275102 284 7100 DEFINED 01 02 0 0 7100 D TECO ENERGY INC COM 872375100 230 21602 DEFINED 01 02 3167 0 18435 D TII NETWORK TECH INC COM 872479209 4 20000 DEFINED 01 0 0 20000 D TJX CO'S INC NEW COM 872540109 486 27641 DEFINED 01 02 5671 0 21970 D TLC VISION CORP COM 872549100 12 10051 DEFINED 01 8630 0 1421 D TMP WORLDWIDE INC COM 872941109 373 37087 DEFINED 01 02 36787 0 300 D TARGET CORP COM 87612E106 3237 110629 DEFINED 01 02 58852 0 51777 D TEMPLETON DRAGON FUND INC COM 88018T101 95 10502 DEFINED 01 2 0 10500 D TEMPLETON GLOBAL INCOME FUND COM 880198106 375 48572 DEFINED 01 0 0 48572 D TERADYNE INC COM 880770102 238 20473 DEFINED 01 02 200 0 20273 D * TEVA PHARMACEUTICAL INDS ADR COM 881624209 1475 35406 DEFINED 01 02 336 0 35070 D TEXAS INSTRUMENTS INC COM 882508104 1154 70480 DEFINED 01 02 7696 0 62783 D THORNBURG MORTGAGE INC COM 885218107 236 11457 DEFINED 01 02 1057 0 10400 D 3M COMPANY COM 88579Y101 5684 43712 DEFINED 01 02 28474 0 15238 D TOTAL FINA ELF S A COM 89151E109 553 8739 DEFINED 01 02 0 0 8739 D TRIBUNE CO NEW COM 896047107 4529 100612 DEFINED 01 02 81456 0 19156 D TYCO INTERNATIONAL LTD NEW COM 902124106 1428 111064 DEFINED 01 02 28927 0 82137 D TYSON FOODS INC CL A COM 902494103 157 20200 DEFINED 01 02 200 0 20000 D * USA TRUCK INC COM 902925106 279 39116 DEFINED 01 38816 0 300 D US BANCORP NEW COM 902973304 1615 85109 DEFINED 01 02 67229 0 17880 D UNILEVER PLC NEW COM 904767704 671 18100 DEFINED 01 02 0 0 18100 D UNILEVER NV NEW COM 904784709 571 9601 DEFINED 01 02 1 0 9600 D UNION PACIFIC CORP COM 907818108 925 16813 DEFINED 01 02 11399 0 5414 D UNION PLANTERS CORP COM 908068109 369 14050 DEFINED 01 02 7942 0 6108 D UNITED PARCEL SERVICE INC COM 911312106 1941 34058 DEFINED 01 02 17473 0 16585 D UNITED TECHNOLOGIES CORP COM 913017109 1936 33510 DEFINED 01 02 19220 0 14290 D UNITEDHEALTH GROUP INC COM 91324P102 472 5152 DEFINED 01 02 302 0 4850 D V.F. CORPORATION COM 918204108 230 6107 DEFINED 01 02 1 0 6106 D VAN KAMPEN SENIOR INCOME TRUST COM 920961109 3654 501895 DEFINED 01 496105 0 5790 D VARIAN MEDICAL SYSTEMS INC COM 92220P105 8397 155705 DEFINED 01 02 154045 0 1660 D VECTREN CORP COM 92240G101 2638 122655 DEFINED 01 02 116036 0 6619 D * VERITAS SOFTWARE CORP COM 923436109 268 15227 DEFINED 01 02 184 0 15043 D * VERISIGN INC COM 92343E102 130 14880 DEFINED 01 02 1130 0 13750 D VERIZON COMMUNICATIONS COM 92343V104 2996 84758 DEFINED 01 02 26527 0 58231 D VIACOM INC CL B COM 925524308 1319 36126 DEFINED 01 02 1808 0 34318 D VODAFONE GROUP PLC NEW COM 92857W100 862 47310 DEFINED 01 02 10680 0 36629 D WPS RESOURCES CORP COM 92931B106 855 21371 DEFINED 01 02 19970 0 1401 D WACHOVIA CORP (2ND NEW) COM 929903102 1633 47946 DEFINED 01 02 11468 0 36478 D WAL-MART STORES INC COM 931142103 51039 980961 DEFINED 01 02 597788 0 383173 D WALGREEN COMPANY COM 931422109 4051 137428 DEFINED 01 02 103878 0 33550 D WASHINGTON MUTUAL INC COM 939322103 928 26324 DEFINED 01 02 14819 0 11505 D WASHINGTON POST CO CL B COM 939640108 290 425 DEFINED 02 425 0 0 D WASTE MANAGEMENT INC NEW COM 94106L109 597 28210 DEFINED 01 02 2385 0 25825 D WELLPOINT HEALTH NETWORKS NEW COM 94973H108 681 8872 DEFINED 01 0 0 8872 D WELLS FARGO & CO NEW COM 949746101 29529 656350 DEFINED 01 02 574622 0 81728 D WESTWOOD ONE INC COM 961815107 6850 219284 DEFINED 01 02 209954 0 9330 D JOHN WILEY & SONS INC COM 968223206 1888 83240 DEFINED 01 83240 0 0 D WILLIAMS COMPANIES INC COM 969457100 56 12145 DEFINED 01 02 7645 0 4500 D WILLIAMS ENERGY PARTNERS L.P. COM 969491109 342 9257 DEFINED 01 1 0 9256 D WILLIAMS SONOMA INC COM 969904101 229 10501 DEFINED 01 02 0 0 10501 D WILMINGTON TRUST CORP COM 971807102 289 10401 DEFINED 01 1 0 10400 D WYETH COM 983024100 4495 118847 DEFINED 01 02 57347 0 61500 D XEROX CORPORATION COM 984121103 697 80077 DEFINED 01 02 10719 0 69358 D ZEBRA TECHNOLOGIES CORP COM 989207105 10636 165163 DEFINED 02 164998 0 165 D ZILA INC COM 989513205 25 24928 DEFINED 01 0 0 24928 D ZIMMER HOLDINGS INC COM 98956P102 960 19747 DEFINED 01 02 14922 0 4825 D AMDOCS LIMITED COM G02602103 133 10000 DEFINED 01 0 0 10000 D EVEREST RE GROUP LTD COM G3223R108 588 10281 DEFINED 01 0 0 10281 D INGERSOLL-RAND COMPANY LIMITED COM G4776G101 17346 449499 DEFINED 01 02 449019 0 480 D W.P. STEWART & CO LTD COM G84922106 4883 286746 DEFINED 02 286746 0 0 D TRANSOCEAN INC COM G90078109 410 20071 DEFINED 01 02 1759 0 18311 D XL CAPITAL LTD COM G98255105 229 3238 DEFINED 01 0 0 3238 D UBS AG NEW COM H8920M855 585 13701 DEFINED 01 02 1 0 13700 S REPORT SUMMARY 479 DATA RECORDS 1450304 2 OTHER MANAGERS ON WHOSE BEHALF REPORT IS FILED