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:09-30-2019
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. PaquetteRenoNV10-30-2019
[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:187
Form 13F Information Table Value Total:194,418
(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
CHUBB LIMITEDCOMH1467J1042241,390SH DFND11,39000
JOHNSON CTLS INTL PLSHSG515021052225,065SH DFND15,06500
LINDE PLCSHSG5494J1036433,320SH DFND13,32000
SYSCO CORPCOM8718291073724,680SH DFND14,68000
GILEAD SCIENCES INCCOM3755581036219,795SH DFND19,79500
HARTFORD FINL SVCS GCOM4165151045519,090SH DFND19,09000
EMERSON ELEC COCOM2910111041,36720,446SH DFND120,44600
STRYKER CORPCOM8636671011,9659,085SH DFND19,08500
WASTE MGMT INC DELCOM94106L1095154,480SH DFND14,48000
GENERAL MLS INCCOM37033410481214,735SH DFND114,73500
WELLS FARGO CO NEWCOM9497461013,64172,175SH DFND172,17500
GENERAL MTRS COCOM37045V10047912,775SH DFND112,77500
GENUINE PARTS COCOM3724601053903,915SH DFND13,91500
WALMART INCCOM9311421034383,691SH DFND13,69100
SOUTHERN COCOM84258710795315,435SH DFND115,43500
GENERAL DYNAMICS CORCOM3695501085392,950SH DFND12,95000
WALGREENS BOOTS ALLICOM9314271083826,900SH DFND16,90000
GENERAL ELECTRIC COCOM36960410331435,115SH DFND135,11500
VERIZON COMMUNICATIOCOM92343V1041,46824,327SH DFND124,32700
FRANKLIN RES INCCOM35461310140714,090SH DFND114,09000
VISA INCCOM CL A92826C8396203,604SH DFND13,60400
GALLAGHER ARTHUR J &COM3635761093754,190SH DFND14,19000
APPLE INCCOM03783310011,07449,445SH DFND149,44500
ARCHER DANIELS MIDLACOM0394831021,17828,687SH DFND128,68700
AUTOMATIC DATA PROCECOM0530151038095,010SH DFND15,01000
LOCKHEED MARTIN CORPCOM5398301098982,302SH DFND12,30200
MAXIM INTEGRATED PROCOM57772K1014127,115SH DFND17,11500
JPMORGAN CHASE & COCOM46625H1005,30845,105SH DFND145,10500
EXXON MOBIL CORPCOM30231G1023,80853,930SH DFND153,93000
FASTENAL COCOM3119001042888,830SH DFND18,83000
FIDELITY NATIONAL FIFNF GROUP COM31620R30345210,180SH DFND110,18000
FIFTH THIRD BANCORPCOM3167731002238,155SH DFND18,15500
ANTHEM INCCOM0367521031,5766,565SH DFND16,56500
INTEL CORPCOM4581401001,49529,015SH DFND129,01500
INTERNATIONAL BUSINECOM4592001012,30615,856SH DFND115,85600
ESSEX PPTY TR INCCOM297178105214655SH DFND165500
INTL PAPER COCOM46014610363515,186SH DFND115,18600
INTERPUBLIC GROUP COCOM46069010056226,085SH DFND126,08500
HONEYWELL INTL INCCOM4385161061,6409,690SH DFND19,69000
HUNTINGTON BANCSHARECOM44615010467447,260SH DFND147,26000
ILLINOIS TOOL WKS INCOM4523081093212,050SH DFND12,05000
DUKE ENERGY CORP NEWCOM NEW26441C2041,13711,860SH DFND111,86000
DARDEN RESTAURANTS ICOM2371941052392,020SH DFND12,02000
VALERO ENERGY CORP NCOM91913Y1002793,274SH DFND13,27400
FORD MTR CO DELCOM3453708601,125122,825SH DFND1122,82500
TRAVELERS COMPANIESCOM89417E1091,1978,053SH DFND18,05300
KOHLS CORPCOM5002551044769,585SH DFND19,58500
CISCO SYS INCCOM17275R1021,29426,199SH DFND126,19900
CITIZENS FINL GROUPCOM1746101052547,190SH DFND17,19000
KRAFT HEINZ COCOM50075410666723,890SH DFND123,89000
COCA COLA COCOM1912161001,20722,171SH DFND122,17100
COMCAST CORP NEWCL A20030N1012,41253,500SH DFND153,50000
KEYCORP NEWCOM49326710828816,160SH DFND116,16000
EBAY INCCOM2786421032897,425SH DFND17,42500
KINDER MORGAN INC DECOM49456B10151024,725SH DFND124,72500
AMGEN INCCOM0311621003511,816SH DFND11,81600
AFLAC INCCOM00105510291317,448SH DFND117,44800
AT&T INCCOM00206R1023,52693,183SH DFND193,18300
ALTRIA GROUP INCCOM02209S10394022,972SH DFND122,97200
EVEREST RE GROUP LTDCOMG3223R108250940SH DFND194000
AMERICAN EXPRESS COCOM0258161091,93816,381SH DFND116,38100
AMERICAN INTL GROUPCOM NEW0268747844668,375SH DFND18,37500
MEDTRONIC PLCSHSG5960L1036165,670SH DFND15,67000
AMERICAN TOWER CORPCOM03027X1007003,165SH DFND13,16500
ACTIVISION BLIZZARDCOM00507V10962211,750SH DFND111,75000
CHEVRON CORP NEWCOM1667641002,83623,910SH DFND123,91000
AIR PRODS & CHEMS INCOM0091581061,0984,947SH DFND14,94700
ALLERGAN PLCSHSG0177J1082381,416SH DFND11,41600
CARDINAL HEALTH INCCOM14149Y1083808,061SH DFND18,06100
CARNIVAL CORPUNIT 99/99/999914365830052812,080SH DFND112,08000
ABBOTT LABSCOM0028241002,06624,690SH DFND124,69000
CENTERPOINT ENERGY ICOM15189T10741713,805SH DFND113,80500
JOHNSON & JOHNSONCOM4781601043,00623,237SH DFND123,23700
DISNEY WALT COCOM DISNEY2546871061,32110,140SH DFND110,14000
DISCOVER FINL SVCSCOM2547091082212,720SH DFND12,72000
PNC FINL SVCS GROUPCOM6934751053432,448SH DFND12,44800
DEERE & COCOM2441991051,4708,715SH DFND18,71500
PAYCHEX INCCOM70432610789810,850SH DFND110,85000
DELTA AIR LINES INCCOM NEW2473617023606,255SH DFND16,25500
NORFOLK SOUTHERN CORCOM6558441082441,360SH DFND11,36000
NORTHERN TR CORPCOM6658591042512,690SH DFND12,69000
OMNICOM GROUP INCCOM6819191062062,633SH DFND12,63300
ORACLE CORPCOM68389X10597917,787SH DFND117,78700
MERCK & CO INCCOM58933Y1052,07724,679SH DFND124,67900
MICROSOFT CORPCOM5949181046,42446,209SH DFND146,20900
CME GROUP INCCOM12572Q1052921,380SH DFND11,38000
QUALCOMM INCCOM7475251031,21115,871SH DFND115,87100
CNA FINL CORPCOM1261171002264,580SH DFND14,58000
RAYTHEON COCOM NEW7551115073381,725SH DFND11,72500
CVS HEALTH CORPCOM1266501001,84629,264SH DFND129,26400
BERKSHIRE HATHAWAY ICL B NEW0846707021,8478,880SH DFND18,88000
PFIZER INCCOM7170811031,73448,252SH DFND148,25200
BRISTOL MYERS SQUIBBCOM11012210863312,475SH DFND112,47500
PHILLIPS 66COM7185461048898,681SH DFND18,68100
PROCTER & GAMBLE COCOM7427181092,72521,905SH DFND121,90500
V F CORPCOM9182041082642,965SH DFND12,96500
AVALONBAY CMNTYS INCCOM0534841013081,430SH DFND11,43000
BB&T CORPCOM0549371075279,868SH DFND19,86800
TEXAS INSTRS INCCOM8825081041,2709,828SH DFND19,82800
BANK NEW YORK MELLONCOM0640581003658,064SH DFND18,06400
3M COCOM88579Y1011,2837,804SH DFND17,80400
BECTON DICKINSON & CCOM0758871093621,431SH DFND11,43100
PEPSICO INCCOM7134481081,56211,384SH DFND111,38400
DOMINION ENERGY INCCOM25746U1091,06713,165SH DFND113,16500
US BANCORP DELCOM NEW90297330471212,862SH DFND112,86200
UNION PACIFIC CORPCOM9078181083,19119,700SH DFND119,70000
CROWN CASTLE INTL COCOM22822V1012381,710SH DFND11,71000
UNITED PARCEL SERVICCL B9113121064583,824SH DFND13,82400
UNITED TECHNOLOGIESCOM9130171091,1768,615SH DFND18,61500
UNITEDHEALTH GROUP ICOM91324P1023,44215,840SH DFND115,84000
CUMMINS INCCOM2310211065793,559SH DFND13,55900
SUN CMNTYS INCCOM8666741042351,585SH DFND11,58500
ONEOK INC NEWCOM6826801033955,355SH DFND15,35500
PPL CORPCOM69351T10693129,560SH DFND129,56000
L3HARRIS TECHNOLOGIECOM5024311094512,160SH DFND12,16000
METLIFE INCCOM59156R1081,15324,450SH DFND124,45000
REPUBLIC SVCS INCCOM7607591002322,680SH DFND12,68000
EATON CORP PLCSHSG291831034695,640SH DFND15,64000
PUBLIC STORAGECOM74460D109242985SH DFND198500
BOEING COCOM0970231051,6974,460SH DFND14,46000
AMCOR PLCORDG0250X10731031,750SH DFND131,75000
NVIDIA CORPCOM67066G1045293,040SH DFND13,04000
MICRON TECHNOLOGY INCOM5951121032315,395SH DFND15,39500
ALLIANCE DATA SYSTEMCOM0185811082652,070SH DFND12,07000
FACEBOOK INCCL A30303M1022,04011,453SH DFND111,45300
URBAN OUTFITTERS INCCOM9170471022117,525SH DFND17,52500
COMMSCOPE HLDG CO INCOM20337X10914312,120SH DFND112,12000
MACERICH COCOM55438210151816,395SH DFND116,39500
SENIOR HSG PPTYS TRSH BEN INT81721M10947351,105SH DFND151,10500
PPG INDS INCCOM6935061071,0198,600SH DFND18,60000
CONOCOPHILLIPSCOM20825C10489015,621SH DFND115,62100
BROADCOM INCCOM11135F1013041,100SH DFND11,10000
ALPHABET INCCAP STK CL C02079K1071,5881,303SH DFND11,30300
ABBVIE INCCOM00287Y1091,13615,000SH DFND115,00000
ADOBE INCCOM00724F1014141,500SH DFND11,50000
EXELON CORPCOM30161N10164313,300SH DFND113,30000
BEST BUY INCCOM0865161014075,900SH DFND15,90000
CITIGROUP INCCOM NEW1729674243024,375SH DFND14,37500
PARKER HANNIFIN CORPCOM7010941041,0846,000SH DFND16,00000
AMERIPRISE FINL INCCOM03076C1065103,466SH DFND13,46600
MOTOROLA SOLUTIONS ICOM NEW6200763072971,742SH DFND11,74200
WHIRLPOOL CORPCOM9633201064042,550SH DFND12,55000
MCDONALDS CORPCOM5801351017303,400SH DFND13,40000
FISERV INCCOM3377381083313,200SH DFND13,20000
STARBUCKS CORPCOM8552441091,65918,760SH DFND118,76000
CATERPILLAR INC DELCOM1491231013062,420SH DFND12,42000
BERKSHIRE HATHAWAY ICL A0846701086242SH DFND1200
ALPHABET INCCAP STK CL A02079K3051,5871,300SH DFND11,30000
AUTOZONE INCCOM053332102618570SH DFND157000
MONDELEZ INTL INCCL A6092071054077,349SH DFND17,34900
PAYPAL HLDGS INCCOM70450Y1036115,900SH DFND15,90000
E TRADE FINANCIAL COCOM NEW2692464012124,850SH DFND14,85000
YUM BRANDS INCCOM9884981012,46321,710SH DFND121,71000
BAXTER INTL INCCOM0718131092803,200SH DFND13,20000
AMAZON COM INCCOM0231351063,0201,740SH DFND11,74000
SIMON PPTY GROUP INCCOM8288061092351,512SH DFND11,51200
NORTHROP GRUMMAN CORCOM6668071026371,700SH DFND11,70000
INTUITCOM4612021034521,700SH DFND11,70000
PHILIP MORRIS INTL ICOM71817210981210,700SH DFND110,70000
TJX COS INC NEWCOM8725401094918,800SH DFND18,80000
SALESFORCE COM INCCOM79466L3024453,000SH DFND13,00000
NETFLIX INCCOM64110L1064821,800SH DFND11,80000
BANK AMER CORPCOM0605051041,77260,750SH DFND160,75000
NIKE INCCL B6541061032,44226,000SH DFND126,00000
THERMO FISHER SCIENTCOM8835561024371,500SH DFND11,50000
OCCIDENTAL PETE CORPCOM6745991053056,858SH DFND16,85800
BIOGEN INCCOM09062X1033491,500SH DFND11,50000
S&P GLOBAL INCCOM78409V1044161,700SH DFND11,70000
CABOT OIL & GAS CORPCOM12709710324914,200SH DFND114,20000
COSTCO WHSL CORP NEWCOM22160K1051,0373,600SH DFND13,60000
QUEST DIAGNOSTICS INCOM74834L1007066,600SH DFND16,60000
NEXTERA ENERGY INCCOM65339F1014611,980SH DFND11,98000
INTUITIVE SURGICAL ICOM NEW46120E602486900SH DFND190000
FORTIVE CORPCOM34959J1081,16717,020SH DFND117,02000
DANAHER CORPORATIONCOM2358511024,38730,375SH DFND130,37500
CABOT OIL & GAS CORPCOM12709710332614,200SH DFND114,20000
COSTCO WHSL CORP NEWCOM22160K1059513,600SH DFND13,60000
QUEST DIAGNOSTICS INCOM74834L1006726,600SH DFND16,60000
CHEVRON CORP NEWCOM1667641001,66413,375SH DFND113,37500
CVS HEALTH CORPCOM1266501001,06019,449SH DFND119,44900
NEXTERA ENERGY INCCOM65339F1014061,980SH DFND11,98000
AMERICAN EXPRESS COCOM0258161091,79914,571SH DFND114,57100
MICROSOFT CORPCOM5949181043,79628,339SH DFND128,33900
KLA-TENCOR CORPCOM482480100106900SH DFND190000
INTUITIVE SURGICAL ICOM NEW46120E602472900SH DFND190000
FORTIVE CORPCOM34959J1081,38717,020SH DFND117,02000
DANAHER CORPORATIONCOM2358511024,86534,040SH DFND134,04000