UNITED STATES

                       SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549

                                  SCHEDULE 13G

                    Under the Securities Exchange Act of 1934

                               (Amendment No. 4)*

                                   Agco Corp.

                                (Name of Issuer)

                          COMMON STOCK, $.10 PAR VALUE

                         (Title of Class of Securities)

                                    001084102

                                 (CUSIP Number)

                                December 31, 2002

             (Date of Event Which Requires Filing of This Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:

                               [x] Rule 13d-1(b)
                               [ ] Rule 13d-1(c)
                               [ ] Rule 13d-1(d)

    *The remainder of this cover page shall be filled out for a reporting
person's initial filing on this form with respect to the subject class of
securities, and for any subsequent amendment containing information which would
alter the disclosures provided in a prior cover page.

    The information required in the remainder of this cover page shall not be
deemed to be "filed" for the purpose of Section 18 of the Securities Exchange
Act of 1934 ("Act") or otherwise subject to the liabilities of that section of
the Act but shall be subject to all other provisions of the Act (however, see
the Notes).





CUSIP NO. 001084102                  13G                     Page 2 of 10 pages

1  NAME OF REPORTING PERSON
   S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

   Forstmann-Leff Associates, LLC
   52-2169043

2  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

                                                (a) [ ]

                                                (b) [ ]
3  SEC USE ONLY

4  CITIZENSHIP OR PLACE OF ORGANIZATION

   Delaware

                    5  SOLE VOTING POWER
   NUMBER OF
     SHARES            1,839,088 shares
  BENEFICIALLY
    OWNED BY        6  SHARED VOTING POWER
      EACH
    REPORTING          2,982,267 shares
     PERSON
      WITH          7  SOLE DISPOSITIVE POWER

                       2,753,330 shares

                    8  SHARED DISPOSITIVE POWER

                       4,120,367 shares

9  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

   6,873,697 shares (includes shares beneficially owned by FLA Asset Management,
   LLC, FLA Advisers L.L.C., Peconic Partners LLC and Forstmann-Leff
   International, LLC)

10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

                                                 [ ]

11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

   9.2%

12 TYPE OF REPORTING PERSON

   IA, OO





CUSIP NO. 001084102                 13G                    Page 3 of 10 pages

1  NAME OF REPORTING PERSON
   S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

   FLA Asset Management, LLC

   52-2169045

2  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
                                                (a) [ ]

                                                (b) [ ]
3  SEC USE ONLY

4  CITIZENSHIP OR PLACE OF ORGANIZATION

   Delaware

                    5  SOLE VOTING POWER
   NUMBER OF
     SHARES            None
  BENEFICIALLY
    OWNED BY        6  SHARED VOTING POWER
      EACH
    REPORTING          1,242,192 shares
     PERSON
      WITH          7  SOLE DISPOSITIVE POWER

                       None

                    8  SHARED DISPOSITIVE POWER

                       2,362,942 shares

9  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

   2,362,942 shares

10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
   CERTAIN SHARES

                                                    [ ]

11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
    3.1%

12 TYPE OF REPORTING PERSON

   IA, OO




CUSIP NO. 001084102                      13G                Page 4 of 10 pages

1  NAME OF REPORTING PERSON
   S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

   FLA Advisers L.L.C.

   13-3942422

2  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
                                                (a) [ ]

                                                (b) [ ]
3  SEC USE ONLY

4  CITIZENSHIP OR PLACE OF ORGANIZATION

   New York

                    5  SOLE VOTING POWER
   NUMBER OF
     SHARES            None
  BENEFICIALLY
    OWNED BY        6  SHARED VOTING POWER
      EACH
    REPORTING          1,623,525 shares
     PERSON
      WITH         7  SOLE DISPOSITIVE POWER

                       None

                    8  SHARED DISPOSITIVE POWER

                       1,623,525 shares

9  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

   1,623,525 shares (Includes shares beneficially owned by Peconic Partners LLC)

10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
   CERTAIN SHARES
                                                    [ ]

11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

   2.2%

12 TYPE OF REPORTING PERSON

   IA, OO




CUSIP NO. 001084102                  13G                  Page 5 of 10 pages

1  NAME OF REPORTING PERSON
   S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

   Peconic Partners LLC

   13-4096659

2  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
                                                (a) [ ]

                                                (b) [ ]
3  SEC USE ONLY

4  CITIZENSHIP OR PLACE OF ORGANIZATION

   Delaware

                    5  SOLE VOTING POWER
    NUMBER OF
     SHARES            None
   BENEFICIALLY
    OWNED BY        6  SHARED VOTING POWER
      EACH
    REPORTING          36,200 shares
     PERSON
      WITH         7  SOLE DISPOSITIVE POWER

                       None

                    8  SHARED DISPOSITIVE POWER

                       36,200 shares

9  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

   36,200 shares

10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
   CERTAIN SHARES

                                                    [ ]

11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

   .05%

12 TYPE OF REPORTING PERSON

   IA, OO





CUSIP NO. 001084102                      13G                 Page 6 of 10 pages

1  NAME OF REPORTING PERSON
   S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

   Forstmann-Leff International, LLC

   52-2169041

2  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
                                                (a) [ ]

                                                (b) [ ]
3  SEC USE ONLY

4  CITIZENSHIP OR PLACE OF ORGANIZATION

   Delaware

                    5  SOLE VOTING POWER
   NUMBER OF
     SHARES            None
  BENEFICIALLY
    OWNED BY        6  SHARED VOTING POWER
      EACH
    REPORTING          116,550 shares
     PERSON
      WITH          7  SOLE DISPOSITIVE POWER

                       None

                    8  SHARED DISPOSITIVE POWER

                       133,900 shares

9  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

   133,900 shares

10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
   CERTAIN SHARES
                                                    [ ]

11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

   0.2%

12 TYPE OF REPORTING PERSON

   IA, OO



                                                             Page 7 of 10 pages

Item 1(a) NAME OF ISSUER:

          Agco Corp.

Item 1(b) ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:

          4205 River Green Parkway
          Duluth, GA 30096

Item 2(a) NAME OF PERSON FILING:

          See Item 1 of the cover pages attached hereto

Item 2(b) Address of Principal Business Office, or if none, residence:

          590 Madison Avenue
          New York, New York  10022

Item 2(c) CITIZENSHIP:

          See Item 4 of the cover pages attached hereto

Item 2(d) TITLE OF CLASS OF SECURITIES:

          Common Stock, $.10 par value

Item 2(e) CUSIP NUMBER:

          001084102

Item 3    Forstmann-Leff Associates, LLC, a Delaware limited liability company,
          is a registered investment adviser under Section 203 of the Investment
          Advisers Act of 1940 (the "Act"). FLA Asset Management, LLC, a
          Delaware limited liability company, is a registered investment adviser
          under the Act and a subsidiary of Forstmann-Leff Associates, LLC. FLA
          Advisers L.L.C., a New York limited liability company, is a registered
          investment adviser under the Act. Peconic Partners LLC, a Delaware
          limited liability company, is a registered investment adviser under
          the Act and a subsidiary of FLA Advisers L.L.C. Forstmann-Leff
          International, LLC, a Delaware limited liability company, is a
          registered investment adviser under the Act. The members of
          Forstmann-Leff Associates, LLC's Investment Committee are the members
          of Forstmann-Leff International, LLC's Investment Committee and the
          managers of FLA Advisers L.L.C.



                                                              Page 8 of 10 pages

Item 4 OWNERSHIP:

       (a) Amount beneficially owned: See Item 9 of the cover pages attached
           hereto

       (b) Percent of Class:

       See Item 11 of the cover pages attached hereto

       (c) See Items 5 through 8 of the cover pages attached hereto

Item 5 OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS:

       Not applicable

Item 6 OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON:

       Various clients of the reporting persons have the right to receive or the
       power to direct the receipt of dividends from, or the proceeds from the
       sale of, the Common Stock of Agco Corp. No one client's interest in the
       Common Stock of Agco Corp. is more than five percent of the total
       outstanding Common Stock.

Item 7 IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE
       SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY:

       Not Applicable

Item 8 IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP:

       Not Applicable

Item 9 NOTICE OF DISSOLUTION OF GROUP:

       Not Applicable

Item 10 CERTIFICATION:

       By signing below I certify that, to the best of my knowledge and belief,
       the securities referred to above were acquired and are held in the
       ordinary course of business and were not acquired and are not held for
       the purpose of or with the effect of changing or influencing the control
       of the issuer of the securities and were not acquired and are not held in
       connection with or as a participant in any transaction having that
       purpose or effect.



                                                              Page 9 of 10 pages

                                   SIGNATURES

After reasonable inquiry and to the best of my knowledge and belief, I certify
that the information set forth in this statement is true, complete and correct.

February 14, 2003

                                      FORSTMANN-LEFF ASSOCIATES, LLC


                                      By: /s/ Joseph Sullivan
                                      Chief Operating Officer

                                      FLA ASSET MANAGEMENT, LLC


                                      By: Forstmann-Leff Associates, LLC,
                                          its Sole Member

                                      By: /s/ Joseph Sullivan
                                      Chief Operating Officer

                                      FLA ADVISERS L.L.C.


                                      By: /s/ Joseph Sullivan
                                      Chief Operating Officer

                                      PECONIC PARTNERS LLC


                                      By: /s/ Joseph Sullivan
                                      Chief Operating Officer

                                      FORSTMANN-LEFF INTERNATIONAL, LLC


                                      By: /s/ Joseph Sullivan
                                      Chief Operating Officer



                                                             Page 10 of 10 pages

                                                                       Exhibit A

                                    AGREEMENT

         The undersigned, Forstmann-Leff Associates, LLC, FLA Asset Management,
LLC, FLA Advisers L.L.C. and Forstmann-Leff International, LLC, agree that the
statement to which this exhibit is appended is filed on behalf of each of them.

February 14, 2003

                                       FORSTMANN-LEFF ASSOCIATES, LLC


                                       By: /s/ Joseph Sullivan
                                       Chief Operating Officer

                                       FLA ASSET MANAGEMENT, LLC


                                       By: Forstmann-Leff Associates, LLC,
                                           its Sole Member

                                       By: /s/ Joseph Sullivan
                                       Chief Operating Officer

                                       FLA ADVISERS L.L.C.


                                       By: /s/ Joseph Sullivan
                                       Chief Operating Officer

                                       PECONIC PARTNERS LLC


                                       By: /s/ Joseph Sullivan
                                       Chief Operating Officer

                                       FORSTMANN-LEFF INTERNATIONAL, LLC


                                       By: /s/ Joseph Sullivan
                                       Chief Operating Officer