SEC FORM 13F-HR

The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F COVER PAGE

OMB APPROVAL
OMB Number:3235-0006
Expires:Oct 31, 2018
Estimated average burden
hours per response:23.8

Report for the Calendar Year or Quarter Ended:09-30-2020
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:Employers Holdings, Inc.
Address:10375 Professional Circle
Reno, NV  89521
Form 13F File Number:028-17655

The institutional investment manager filing this report and the person by whom 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:Michael S. Paquette
Title:Executive Vice President, Chief Financial Officer
Phone:775-327-2706
Signature, Place, and Date of Signing:
/s/ Michael S. PaquetteRenoNV11-09-2020
[Signature][City, State][Date]
Report Type (Check only one.):
X13F 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).)
Form 13F Summary Page
Report Summary:
Number of Other Included Managers:1
Form 13F Information Table Entry Total:140
Form 13F Information Table Value Total:148,166
(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 NumberName
1028-10981Goldman Sachs Asset Management, L.P.

SEC FORM 13-F Information Table

The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE

OMB APPROVAL
OMB Number:3235-0006
Expires:Oct 31, 2018
Estimated average burden
hours per response:23.8

COLUMN 1COLUMN 2COLUMN 3COLUMN 4COLUMN 5COLUMN 6COLUMN 7COLUMN 8
VALUESHRS ORSH/PUT/INVESTMENTOTHERVOTING AUTHORITY
NAME OF ISSUERTITLE OF CLASSCUSIP(x$1000)PRN AMTPRNCALLDISCRETIONMANAGERSOLESHAREDNONE
LINDE PLCSHSG5494J1038583,605SH DFND13,60500
AT&T INCCOM00206R1022,16575,955SH DFND175,95500
KEURIG DR PEPPER INCCOM49271V1002187,905SH DFND17,90500
BRISTOL-MYERS SQUIBBCOM1101221081,07917,890SH DFND117,89000
CISCO SYS INCCOM17275R1021,22030,973SH DFND130,97300
VERIZON COMMUNICATIOCOM92343V1041,50725,337SH DFND125,33700
JPMORGAN CHASE & COCOM46625H1004,31244,794SH DFND144,79400
GENERAL MLS INCCOM3703341044767,715SH DFND17,71500
GALLAGHER ARTHUR J &COM3635761092752,600SH DFND12,60000
PNC FINL SVCS GROUPCOM6934751055394,902SH DFND14,90200
MICROSOFT CORPCOM5949181049,22643,865SH DFND143,86500
CME GROUP INCCOM12572Q1052501,495SH DFND11,49500
EQUINIX INCCOM29444U700246323SH DFND132300
CROWN CASTLE INTL COCOM22822V1012181,310SH DFND11,31000
APPLE INCCOM03783310012,029103,868SH DFND1103,86800
OMNICOM GROUP INCCOM68191910653610,838SH DFND110,83800
BERKSHIRE HATHAWAY ICL B NEW0846707021,6107,560SH DFND17,56000
ABBOTT LABSCOM0028241004474,110SH DFND14,11000
AMGEN INCCOM0311621004701,848SH DFND11,84800
DUKE ENERGY CORP NEWCOM NEW26441C2041,24014,005SH DFND114,00500
UNITEDHEALTH GROUP ICOM91324P1024,18113,410SH DFND113,41000
MERCK & CO. INCCOM58933Y1051,72220,758SH DFND120,75800
SOUTHERN COCOM84258710763111,635SH DFND111,63500
COMCAST CORP NEWCL A20030N1011,00921,815SH DFND121,81500
INTERNATIONAL BUSINECOM4592001011,55412,770SH DFND112,77000
PROCTER AND GAMBLE CCOM7427181092,31316,643SH DFND116,64300
JOHNSON & JOHNSONCOM4781601043,41522,939SH DFND122,93900
KRAFT HEINZ COCOM50075410654718,270SH DFND118,27000
CARDINAL HEALTH INCCOM14149Y1083176,752SH DFND16,75200
CVS HEALTH CORPCOM12665010070111,995SH DFND111,99500
DOMINION ENERGY INCCOM25746U1091,12714,280SH DFND114,28000
TRAVELERS COMPANIESCOM89417E1098317,678SH DFND17,67800
NEWMONT CORPCOM6516391062764,350SH DFND14,35000
WALMART INCCOM9311421038646,172SH DFND16,17200
TEXAS INSTRS INCCOM8825081041,65911,615SH DFND111,61500
ILLINOIS TOOL WKS INCOM4523081092081,079SH DFND11,07900
PFIZER INCCOM7170811031,39738,069SH DFND138,06900
HARTFORD FINL SVCS GCOM41651510442111,410SH DFND111,41000
GILEAD SCIENCES INCCOM37555810387613,865SH DFND113,86500
AMERICAN TOWER CORPCOM03027X1006322,615SH DFND12,61500
BANK NEW YORK MELLONCOM06405810046713,589SH DFND113,58900
INTEL CORPCOM4581401002,19242,336SH DFND142,33600
3M COCOM88579Y1011,2567,842SH DFND17,84200
PAYCHEX INCCOM70432610780610,105SH DFND110,10500
ACTIVISION BLIZZARDCOM00507V1092613,225SH DFND13,22500
FASTENAL COCOM3119001044169,235SH DFND19,23500
L3HARRIS TECHNOLOGIECOM5024311093071,810SH DFND11,81000
PPL CORPCOM69351T10690533,275SH DFND133,27500
FIDELITY NATL INFORMCOM31620M1064813,270SH DFND13,27000
CHEVRON CORP NEWCOM1667641001,27817,745SH DFND117,74500
VISA INCCOM CL A92826C8391,2136,064SH DFND16,06400
PEPSICO INCCOM7134481081,99614,401SH DFND114,40100
ANTHEM INCCOM0367521031,0653,965SH DFND13,96500
ARCHER DANIELS MIDLACOM0394831021,39930,087SH DFND130,08700
THERMO FISHER SCIENTCOM8835561028261,870SH DFND11,87000
AUTOMATIC DATA PROCECOM0530151036974,995SH DFND14,99500
UNITED PARCEL SERVICCL B9113121062381,429SH DFND11,42900
COCA COLA COCOM19121610073514,880SH DFND114,88000
ORACLE CORPCOM68389X10569711,667SH DFND111,66700
UNION PAC CORPCOM9078181083,07115,600SH DFND115,60000
ALTRIA GROUP INCCOM02209S10364016,571SH DFND116,57100
MEDTRONIC PLCSHSG5960L1037066,795SH DFND16,79500
DEERE & COCOM2441991051,0274,635SH DFND14,63500
AIR PRODS & CHEMS INCOM0091581061,5685,263SH DFND15,26300
ENTERGY CORP NEWCOM29364G1032332,360SH DFND12,36000
GARMIN LTDSHSH2906T1092312,430SH DFND12,43000
CHUBB LIMITEDCOMH1467J1045204,480SH DFND14,48000
TARGET CORPCOM87612E1062661,692SH DFND11,69200
QUALCOMM INCCOM7475251031,87915,967SH DFND115,96700
EXELON CORPCOM30161N10168619,170SH DFND119,17000
PAYPAL HLDGS INCCOM70450Y1031,5227,725SH DFND17,72500
ALPHABET INCCAP STK CL C02079K1072,3321,587SH DFND11,58700
FACEBOOK INCCL A30303M1021,6386,255SH DFND16,25500
SEAGATE TECHNOLOGY PSHSG7945M1072695,455SH DFND15,45500
BIOGEN INCCOM09062X1034381,545SH DFND11,54500
AMAZON COM INCCOM0231351066,7002,128SH DFND12,12800
ALPHABET INCCAP STK CL A02079K3052,3411,597SH DFND11,59700
SALESFORCE COM INCCOM79466L3021,1904,735SH DFND14,73500
INTUITCOM4612021036522,000SH DFND12,00000
EBAY INC.COM2786421034178,010SH DFND18,01000
SMUCKER J M COCOM NEW8326964052281,975SH DFND11,97500
LOCKHEED MARTIN CORPCOM5398301096731,755SH DFND11,75500
CLOROX CO DELCOM1890541093261,550SH DFND11,55000
NORTHROP GRUMMAN CORCOM6668071026181,960SH DFND11,96000
VERTEX PHARMACEUTICACOM92532F100228839SH DFND183900
AMCOR PLCORDG0250X10725322,940SH DFND122,94000
ANALOG DEVICES INCCOM0326541052572,198SH DFND12,19800
NORTHERN TR CORPCOM6658591042012,580SH DFND12,58000
ADOBE SYSTEMS INCORPCOM00724F1016891,405SH DFND11,40500
NETFLIX INCCOM64110L1061,1502,300SH DFND12,30000
MONDELEZ INTL INCCL A6092071054557,919SH DFND17,91900
BROADCOM INCCOM11135F1019332,560SH DFND12,56000
COSTCO WHSL CORP NEWCOM22160K1051,3563,820SH DFND13,82000
SERVICENOW INCCOM81762P102221455SH DFND145500
EVERGY INCCOM30034W1063035,965SH DFND15,96500
NEXTERA ENERGY INCCOM65339F1016332,280SH DFND12,28000
NVIDIA CORPORATIONCOM67066G104365675SH DFND167500
MICRON TECHNOLOGY INCOM5951121032535,395SH DFND15,39500
STRYKER CORPORATIONCOM8636671011,5277,330SH DFND17,33000
DANAHER CORPORATIONCOM2358511023,19014,815SH DFND114,81500
US BANCORP DELCOM NEW90297330436610,200SH DFND110,20000
AMERICAN EXPRESS COCOM0258161091,25012,471SH DFND112,47100
SYSCO CORPCOM8718291072824,540SH DFND14,54000
DISNEY WALT COCOM DISNEY2546871061,2179,810SH DFND19,81000
BK OF AMERICA CORPCOM0605051041,46360,750SH DFND160,75000
BERKSHIRE HATHAWAY ICL A0846701086402SH DFND1200
FORTIVE CORPCOM34959J1081,29717,020SH DFND117,02000
COGNIZANT TECHNOLOGYCL A1924461022083,000SH DFND13,00000
CONOCOPHILLIPSCOM20825C10451315,621SH DFND115,62100
EXXON MOBIL CORPCOM30231G1022627,630SH DFND17,63000
CABOT OIL & GAS CORPCOM12709710324714,200SH DFND114,20000
BEST BUY INCCOM0865161016575,900SH DFND15,90000
CUMMINS INCCOM2310211062201,040SH DFND11,04000
STARBUCKS CORPCOM8552441091,38516,125SH DFND116,12500
MOTOROLA SOLUTIONS ICOM NEW6200763072731,742SH DFND11,74200
E TRADE FINANCIAL COCOM NEW2692464012434,850SH DFND14,85000
PHILLIPS 66COM7185461044057,811SH DFND17,81100
PARKER-HANNIFIN CORPCOM7010941043231,595SH DFND11,59500
BOEING COCOM0970231055093,080SH DFND13,08000
FISERV INCCOM3377381083303,200SH DFND13,20000
PPG INDS INCCOM6935061071,0508,600SH DFND18,60000
AFLAC INCCOM00105510244412,220SH DFND112,22000
YUM BRANDS INCCOM9884981016487,095SH DFND17,09500
ADVANCED MICRO DEVICCOM0079031072853,475SH DFND13,47500
TJX COS INC NEWCOM8725401094908,800SH DFND18,80000
METLIFE INCCOM59156R1082907,800SH DFND17,80000
S&P GLOBAL INCCOM78409V1046131,700SH DFND11,70000
PHILIP MORRIS INTL ICOM71817210980210,700SH DFND110,70000
INTUITIVE SURGICAL ICOM NEW46120E602639900SH DFND190000
AMERIPRISE FINL INCCOM03076C1065343,466SH DFND13,46600
ABBVIE INCCOM00287Y1091,11712,755SH DFND112,75500
MCDONALDS CORPCOM5801351017363,355SH DFND13,35500
NIKE INCCL B6541061032,11516,845SH DFND116,84500
AUTOZONE INCCOM053332102671570SH DFND157000
HONEYWELL INTL INCCOM4385161061,5649,500SH DFND19,50000
WHIRLPOOL CORPCOM9633201064692,550SH DFND12,55000
TRUIST FINL CORPCOM89832Q1092386,252SH DFND16,25200
MASTERCARD INCORPORACL A57636Q104264780SH DFND178000
COLONY CAP INC NEWCL A COM19626G1085018,485SH DFND118,48500
BGC PARTNERS INCCL A05541T1013514,740SH DFND114,74000