UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 13F Form 13F COVER PAGE Report for the Calendar Year or Quarter Ended: December 31, 2004 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 02/11/05 [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: 308 Form 13F Information Table Value Total: $3,326,065 (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 AFLAC INC COM 001055102 958 24048 DEFINED 01 02 23848 0 200 D ABBOTT LABORATORIES COM 002824100 3594 77050 DEFINED 01 02 68570 0 8480 D ABERDEEN ASIA-PACIFIC INCOME COM 003009107 82 12701 DEFINED 01 1 0 12700 D ADESA INC COM 00686U104 26353 1241890 DEFINED 01 02 1241890 0 0 D AFFILIATED COMPUTER SVCS INC COM 008190100 1200 19941 DEFINED 01 02 99 0 19842 D AFFILIATED MANAGERS GROUP INC COM 008252108 4852 71627 DEFINED 02 71627 0 0 D ALCOA INC COM 013817101 7909 251703 DEFINED 01 02 241913 0 9790 D ALLETE INC # COM 018522300 2922 79498 DEFINED 01 02 79498 0 0 D ALLIED CAPITAL CORP NEW COM 01903Q108 245 9481 DEFINED 01 02 9481 0 0 D ALLSTATE CORP COM 020002101 2231 43128 DEFINED 01 02 42713 0 415 D ALTRIA GROUP INC COM 02209S103 1210 19798 DEFINED 01 02 19673 0 125 D AMBASSADORS GROUP INC COM 023177108 4750 133401 DEFINED 01 133401 0 0 D AMEREN CORP COM 023608102 1244 24803 DEFINED 01 02 24788 0 15 D * AMERICAN CAP STRATEGIES LTD COM 024937104 442 13240 DEFINED 01 02 13240 0 0 D AMERICAN EXPRESS CO COM 025816109 27016 479254 DEFINED 01 02 477476 0 1778 D AMERICAN INTL GROUP INC COM 026874107 8433 128408 DEFINED 01 02 121395 0 7013 D * AMGEN COM 031162100 1131 17635 DEFINED 01 02 2612 0 15023 D AMSOUTH BANCORPORATION COM 032165102 403 15542 DEFINED 01 02 15542 0 0 D ANADARKO PETROLEUM CORP COM 032511107 768 11850 DEFINED 01 02 6900 0 4950 D ANHEUSER-BUSCH COS INC COM 035229103 30864 608400 DEFINED 01 02 599230 0 9170 D ANNALY MORTGAGE MANAGEMENT INC COM 035710409 21345 1087942 DEFINED 01 1087792 0 150 D APACHE CORP COM 037411105 223 4413 DEFINED 01 02 544 0 3869 D APOLLO GROUP INC COM 037604105 612 7588 DEFINED 01 0 0 7588 D APOLLO INVESTMENT CORP COM 03761U106 16168 1070741 DEFINED 01 1070741 0 0 D AUTOMATIC DATA PROCESSING INC COM 053015103 3414 76980 DEFINED 01 02 76880 0 100 D AVERY DENNISON CORP COM 053611109 15307 255244 DEFINED 01 02 255244 0 0 D BP P.L.C. 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COM 22765U102 351 10651 DEFINED 01 02 10651 0 0 D DNP SELECT INCOME FUND INC COM 23325P104 297 24890 DEFINED 01 1 0 24889 D DTE ENERGY CO COM 233331107 219 5081 DEFINED 01 02 5081 0 0 D DARDEN RESTAURANTS INC COM 237194105 21352 769737 DEFINED 01 02 768792 0 945 D DEAN FOODS COMPANY NEW COM 242370104 377 11428 DEFINED 01 02 11428 0 0 D DEERE & CO COM 244199105 208 2792 DEFINED 01 02 2298 0 494 D * DELL INC COM 24702R101 550 13060 DEFINED 01 02 4721 0 8339 D DELTA & PINE LAND CO COM 247357106 3198 117237 DEFINED 01 117237 0 0 D DENTSPLY INTERNATIONAL INC NEW COM 249030107 1965 34971 DEFINED 01 02 15990 0 18981 D DIAGEO PLC NEW COM 25243Q205 59270 1024020 DEFINED 01 02 1024020 0 0 D WALT DISNEY CO COM 254687106 904 32530 DEFINED 01 02 23277 0 9253 D DOMINION RES INC NEW (VA) COM 25746U109 335 4941 DEFINED 01 02 4349 0 592 D DONALDSON CO INC COM 257651109 1186 36393 DEFINED 01 0 0 36393 D DOVER CORPORATION COM 260003108 243 5804 DEFINED 01 02 5804 0 0 D DOW CHEMICAL COMPANY COM 260543103 31855 643397 DEFINED 01 02 641892 0 1505 D E.I. 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SCHULMAN INC COM 808194104 14391 672142 DEFINED 01 672142 0 0 D SCOTTS COMPANY COM 810186106 4503 61253 DEFINED 01 02 61253 0 0 D E W SCRIPPS CO NEW CL A COM 811054204 5815 120434 DEFINED 01 02 119034 0 1400 D SELECT SECTOR SPDR TRUST COM 81369Y100 377 12690 DEFINED 01 12120 0 570 D SELECT SECTOR SPDR TRUST COM 81369Y209 1113 36854 DEFINED 01 02 36854 0 0 D SECTOR SPDR TRUST COM 81369Y308 22372 969331 DEFINED 01 02 969331 0 0 D SELECT SECTOR SPDR TRUST COM 81369Y407 34628 981248 DEFINED 01 02 981248 0 0 D SECTOR SPDR TRUST (ENERGY) COM 81369Y506 35480 976884 DEFINED 01 02 976884 0 0 D SECTOR SPDR TRUST (FINANCIAL) COM 81369Y605 94881 3107808 DEFINED 01 02 3107808 0 0 D SECTOR SPDR TRUST (INDUSTRIAL) COM 81369Y704 52953 1704310 DEFINED 01 02 1704310 0 0 D SECTOR SPDR TRUST (TECHNOLOGY) COM 81369Y803 65861 3119880 DEFINED 01 02 3119880 0 0 D SECTOR SPDR TRUST (UTILITIES) COM 81369Y886 226 8121 DEFINED 01 1 0 8120 D * SIGMA ALDRICH CORP COM 826552101 16473 272455 DEFINED 01 02 272455 0 0 D SMITH & WOLLENSKY RESTAURANT COM 831758107 2248 424221 DEFINED 01 424221 0 0 D SMITH & NEPHEW PLC # COM 83175M205 2954 57081 DEFINED 01 02 57081 0 0 D SNAP-ON INC COM 833034101 20687 602070 DEFINED 01 02 602070 0 0 D * SONIC CORP COM 835451105 4237 138923 DEFINED 01 138923 0 0 D SOUTHERN COMPANY COM 842587107 22069 658386 DEFINED 01 02 658386 0 0 D SPRINT CORP FON COM 852061100 268 10769 DEFINED 01 02 9019 0 1750 D * STAPLES INC COM 855030102 227 6728 DEFINED 01 02 1124 0 5604 D STATE STREET CORP COM 857477103 677 13791 DEFINED 01 02 6651 0 7140 D STREETTRACKS GOLD TRUST COM 863307104 349 7962 DEFINED 01 7962 0 0 D STREETTRACKS SERIES TRUST COM 86330E604 43178 230183 DEFINED 01 230183 0 0 D SUNTRUST BANKS INC COM 867914103 202 2729 DEFINED 01 02 2729 0 0 D * SYMANTEC CORP COM 871503108 216 8390 DEFINED 01 02 310 0 8080 D SYNOVUS FINANCIAL CORP COM 87161C105 293 10252 DEFINED 01 02 10252 0 0 D SYSCO CORPORATION COM 871829107 5419 141975 DEFINED 01 02 140468 0 1507 D TCF FINANCIAL CORP COM 872275102 34568 1075539 DEFINED 01 02 1075539 0 0 D TARGET CORP COM 87612E106 13075 251785 DEFINED 01 02 251116 0 669 D TEXAS INSTRUMENTS INC COM 882508104 524 21278 DEFINED 01 02 10398 0 10880 D 3M COMPANY COM 88579Y101 4740 57752 DEFINED 01 02 53916 0 3836 D TIME WARNER INC COM 887317105 275 14162 DEFINED 01 02 10355 0 3807 D TRANSCANADA CORP COM 89353D107 274 11000 DEFINED 01 02 11000 0 0 D TRIBUNE CO NEW COM 896047107 4193 99506 DEFINED 01 02 99506 0 0 D TYCO INTERNATIONAL LTD NEW COM 902124106 490 13698 DEFINED 01 02 12698 0 1000 D US BANCORP NEW COM 902973304 1368 43691 DEFINED 01 02 36624 0 7067 D UNION PACIFIC CORP COM 907818108 980 14574 DEFINED 01 02 14574 0 0 D UNITED TECHNOLOGIES CORP COM 913017109 2510 24289 DEFINED 01 02 20336 0 3953 D VALERO L.P. COM 91913W104 229 3851 DEFINED 01 02 3751 0 100 D VARIAN MEDICAL SYSTEMS INC COM 92220P105 9187 212471 DEFINED 01 02 212471 0 0 D VECTREN CORP COM 92240G101 17078 637249 DEFINED 01 02 637249 0 0 D VERIZON COMMUNICATIONS COM 92343V104 1865 46047 DEFINED 01 02 39768 0 6279 D VIACOM INC CL B COM 925524308 521 14329 DEFINED 01 02 8084 0 6245 D VODAFONE GROUP PLC NEW COM 92857W100 244 8928 DEFINED 01 02 7403 0 1525 D W.P. CAREY & CO LLC COM 92930Y107 288 8205 DEFINED 01 02 7985 0 220 D WPS RESOURCES CORP COM 92931B106 548 10972 DEFINED 01 02 10972 0 0 D WACHOVIA CORP (2ND NEW) COM 929903102 1233 23443 DEFINED 01 02 18693 0 4750 D WAL-MART STORES INC COM 931142103 31918 604282 DEFINED 01 02 596521 0 7761 D WALGREEN COMPANY COM 931422109 5367 139867 DEFINED 01 02 94997 0 44870 D WASHINGTON MUTUAL INC COM 939322103 410 9709 DEFINED 01 02 5364 0 4345 D WASHINGTON POST CO CL B COM 939640108 319 325 DEFINED 02 325 0 0 D WEIGHT WATCHERS INTL INC NEW COM 948626106 5783 140820 DEFINED 02 140820 0 0 D WELLPOINT INC COM 94973V107 247 2150 DEFINED 01 0 0 2150 D WELLS FARGO & CO NEW COM 949746101 40687 654660 DEFINED 01 02 651050 0 3610 D WESTWOOD ONE INC COM 961815107 1703 63229 DEFINED 01 02 63229 0 0 D JOHN WILEY & SONS INC COM 968223206 3373 96800 DEFINED 01 96800 0 0 D WISCONSIN ENERGY CORP COM 976657106 226 6714 DEFINED 01 02 6714 0 0 D WM. WRIGLEY JR CO COM 982526105 278 4019 DEFINED 01 02 368 0 3651 D WYETH COM 983024100 2056 48270 DEFINED 01 02 48270 0 0 D XCEL ENERGY INC COM 98389B100 222 12194 DEFINED 01 02 10494 0 1700 D XEROX CORPORATION COM 984121103 219 12878 DEFINED 01 02 10078 0 2800 D ZEBRA TECHNOLOGIES CORP COM 989207105 11006 195556 DEFINED 02 195556 0 0 D ZIMMER HOLDINGS INC COM 98956P102 923 11525 DEFINED 01 02 8217 0 3308 D COOPER INDUSTRIES LTD COM G24182100 250 3687 DEFINED 01 02 3018 0 669 D INGERSOLL-RAND COMPANY LIMITED COM G4776G101 26076 324728 DEFINED 01 02 324728 0 0 D MONTPELIER RE HOLDINGS LTD COM G62185106 20975 545517 DEFINED 01 545517 0 0 D NABORS INDUSTRIES LTD COM G6359F103 256 5000 DEFINED 01 0 0 5000 D W.P. STEWART & CO LTD COM G84922106 22610 955609 DEFINED 01 02 955609 0 0 D WHITE MTNS INS GROUP LTD COM G9618E107 21111 32680 DEFINED 01 02 32680 0 0 D WILLIS GROUP HOLDINGS LTD COM G96655108 19650 477301 DEFINED 01 02 477301 0 0 S REPORT SUMMARY 308 DATA RECORDS 3326065 2 OTHER MANAGERS ON WHOSE BEHALF REPORT IS FILED