Well, yes, but actually no.
Some clarification:
1. According to this WoB, Hoid doesn’t still have his Dawnshard, but it made a massive impact on his spiritweb.
2. Hoid has mentioned (I think in Oathbringer; I’d have to check) that he always knows where he’s needed, so he knows where to go.
My conclusion from these two points is that Hoid’s Dawnshard’s influence on his spiritweb tells him where to go. As far as I know, this isn’t proved, but it feels like a pretty intuitive conclusion.
Let me know if I’m wrong - I haven’t been on the Shard in a while, and need to brush up on my WoBs.