Filters, as such, remove solids from fluids. Other fluids are free to pass through the pores. Often ''filters'' incorporate other elements to remove other things. My home water is hardly fit to drink without the filter elements that also have activated charcoal to remove the hydrocarbons and sulfur compounds.
Water might bond itself to the cellulose fibers in TP, but also tends to destroy it. I would rather use some sort of a mechanical separator if there was very much water.
They always said gasoline and alcohol don't mix, but the truth is once mixed, they are very difficult to separate.